Welcome to our 1841 real estate data hub, tailored for investors in Lawrence, MA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 1841 in Lawrence, MA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ESSEX COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Lawrence, MA real estate investing. Uncover the wealth of information available, and position yourself for success in the Lawrence property market.
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Location Overview
- Zip Code: 1841
- City: Lawrence
- State: MA
- Metro Area: Boston-Cambridge-Newton, MA-NH
- County Name: ESSEX COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $388,028
- Average Home Price (Single Family Homes): $420,529
- Average Monthly Rental Price (All Types): Not Available
- Price-to-Rent Ratio: Not Available
- Zillow Projected % appreciation from 4/2023-4/2024: -0.7%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,560
- Average 3 Bedroom Section 8 Rental Rates: $1,900
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 20.73
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 17.02
- Number of Units Offered in Section 8 in the County: 7660
- Number of Occupied Units in Section 8 in the County: 7423
- Percentage of Section 8 Units Occupied in the County: 96.90000153%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 219.22
- Total % Appreciation since 2000 (Government Data): 219.38
- YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.61%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.46%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 34.79%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 62.6%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 198.41%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 151.6%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 194.29%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%